OFGEM PROPOSALS TO LIFT PRICE CONTROLS

Early day motion 615, tabled 19 December 2001 by Lord Stunell (Liberal Democrat). Signed by 60 members.

That this House believes the recent proposals by Ofgem to lift price controls from the energy supply industry will cause financial hardship to nearly 2.5 million consumers who use pre-payment meters and earn less than ú12,500 per annum; disagrees that the energy markets are working adequately; agrees that market abuses, such as mis-selling, need correcting; accepts that consumer organisations view this as a deregulation too far; and calls on Ofgem to protect over 3,600 consumers per constituency by retaining price controls.

Signatures by party: Labour 33, Liberal Democrat 15, Labour/Co-operative 7, Plaid Cymru 3, Scottish National Party 2.